The purpose of this paper is to rebut your position in Position Paper 1. You must convince the readers that the position you defended in Position Paper 1 was wrong, or inadequately supported by the evidence. As such, the information provided must be based on a strong foundation of facts with evidence from credible academic and scholarly sources. Remember, peer-reviewed articles are best. ALSO, by now you should have a firm grip on the difference between a supportable conclusion, and mere opinion.  Submitting mere opinion will cost you a lot of points.

It is REALLY helpful to the instructor if, when rebutting something you said in Part I, you actually quote yourself (previous statement) and perhaps even note the evidence that supported that assertion, THEN rebut that statement/assertion by presenting either countrary evidence, or by redefining or expounding upon the weaknesses of that prior evidence.  That kind of format/organization is very helpful to the reader in evaluating the weight of your argument/counter-argument.
Any of the references used in Position Paper 1 may be used again, however 3 new references are required. In addition, the textbook (chapters 913) must be used as a reference to cite at least 1 countering argument to Position Paper 1. The paper should follow strict APA guidelines. All sources must be properly cited. The paper must consist of 9001,200 words.
At a minimum, the following sections are required:
Summary of issue/conclusion you presented in Position Paper I.  In one or two paragraphs, summarize the issue you raised/supported in the first Position Paper, and highlight your main point(s).  This aids the instructor in making sure you are on task per the instruction.  This element of your paper is worth ten points (see grading rubric).
Position Statement A brief paragraph identifying the issue(s), with a position statement (Develop a clear and concise position statement that rebuts or counters the position in your previous paper).
Review of Literature This heading should have at least two subheadings (Background of Opposing Position and Supporting Evidence). Since this is a review of the literature, adequate citations should be included within each subheading. Three new (not previously used) sources must be used, and correctly cited.
Conclusion Provide recommendations and possible courses of action. Citations can be used here to support your recommendations.

References will be uploaded

Answer these questions:

1. What are the advantages and disadvantages of a fixed exchange rate?
2. What are the advantages and disadvantages of a floating exchange rate? 3. Under what conditions might it be a good idea for a country to adopt a gold standard?

Go online to find a news article that describes an example of a country that has changed its system from fixed to floating or from floating to fixed. Write a paragraph to summarize your responses.
You must restrict your search to primary sources e.g. government sites or academic sites (.gov or .edu) or current events articles (published by reputable news outlets) and provide your own analysis. Steer clear of sites like balance.com/about.com, investopedia.com, amosweb.com, economicshelp.org, etc.

Sample Solution

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